~50 in the past week alone riffed, more coming before year end.
Topics regarding layoffs at AIG (American Intl Group Inc.)
If you volunteer for RIF, do you still get bonus + 1-2 weeks per year worked? How does volunteering work?
What a wonderful pep talk. Made to feel like a complete piece of sh–. A lot of “adjusters need to be better and work harder” with no real direction to achieve our goals of being a profitable company. Doesn’t sound like a RIF conference. Just a... — read more
Behind the scenes, our favorite company is planning to offshore every available job possible. Meetings have taken place this week to enable this decision. They're making money thanks to little or no claims this year but greed supersedes all else... — read more
Do you still get pro rated bonus if laid off? If so what modifiers?
Sorry it’s off topic. New job (thx reorg), new boss, no increase (shocker), it’s time.
Is horrible The End
Which floors are getting laid off at 80 pine street nyc
Hearing from reliable sources that AIG will be leaving Brentwood over the next year. First wave coming this week.
Post any information about potential or actual AIG Layoffs 2020? Any news or rumors?
Hey Everyone, As we have had 3 consecutive quarters reporting profitability, and likely a fourth; has there been any talk of what the STI values will be?
Look I hate to post this as is it a small unit but I just can’t get any straight information anywhere. Bottom line I’m somewhere in the middle. Have not been here forever. No major severance package waiting for me. I have to work. The SIU unit has... — read more
Are you guys as mediocre and frankly unintelligent as you come across or are you feeling like your range of innovation is hampered by those above you. I ask because I don't know if I should have more empathy for my manager and previous managers... — read more
it seems Local Offices will be close beginning 2020. what do you think is the impact of this change?
AIG 100 yr company is not true. Watched an interview with Hank Geeenburg. On Mornings With Maria - recommend watching it ! Aired 11-11-2019 on Fox Business
We are writing business on paper but it's going to TPA's because the cost of Claims Services is priced much higher than TPA's. Why is that? Well when you bring on a CEO that makes more than any CEO in the Industry, and he brings on all his Buddies... — read more
175 Water is sold, with just a 2 year leaseback in place. What happens to 80 Pine? Should we all get ready to move to Charlotte?
About 50 happening today in Primary WC Claims...Good luck!
The plan is a Robust structure of TPA's. We write the business and have it on paper and it gets sent to a TPA. That equals less Adjusters, which translates to more RIF's. Yes we have Adjusters overlooking the TPA's but not actually handling the... — read more
Today's the date for earnings report. Work hard so BD and team get their bonus. They will need to RIF more in the future to make earnings but we understand. We are a family and will sacrifice for management. Work, Work, Work!
Interesting. Search Bloomberg for the news on this topic.
Rumor has it they’re giving everyone a bonus for their much appreciated service!
AIG Launches New Syndicate at Lloyd's for the U.S. High Net Worth Customer Segment 8:33 am ET October 23, 2019 (BusinessWire) Print American International Group, Inc. (NYSE: AIG) today announced proposals to launch a new syndicate at Lloyd's... — read more
Anyone know if and when MMS will be hit with layoffs?
Who took my post down??? Stock is up .70 Cents today. Buy Buy Buy.
The expected massive layoffs won't happen on STI week or this year for that matter. For reasons unknown, the company changed their tune at the 11th hour. Maybe the hard working AIG employees will appreciate some good news.
scary thought: employees actually believe AIG Executives care about them. Forget AI this would be the zombie invasion.
What is being communicated by all the Service Centers and across the country is we had to have RIF's to be more a efficient operation which will help in the organization to write more business, grow and be profitable. Think about that statement. You... — read more
Will there be announcement soon about the Financial positions being moved to India as a center of excellence?
So now AIG wants to know how wonderful its employees think managment is. What a joke. Supposedly confidential, but it isn't. And guess who is running it? McKinsey. I thought I was reading the Onion instead of email.
I have worked at this company for more than 20 years and have never seen the Morale so low. The way most of the employees are treated is a sin. They RIF the workers and add more work to the remaining employees. No bonus for that. Raises are a joke... — read more
Any opinions on the change announed today to lower the eligibility requirement from 55 + 10 years service to 55 + 5 years?
How can senior and middle management have any pride in what they do all day? In a lot of ways, they're more immature than the average working employee. Bury your head in the sand while your employees straight up tell you the areas that this... — read more
I've noticed a lot of training in different depts. lately. It appears a focused round of RIF's are coming in about six weeks.
I have heard that there are some employees that have exchanged information and are seeking counsel regarding class action suits. It won't be the first one and I am sure it won't be the last one. Just because you signed a waiver doesn't mean you can't... — read more